Country Research

Despite a relatively difficult external environment, characterized by the spillover effects of the Syrian conflict on the Jordanian economy, the Kingdom’s economic recovery managed to gain some steam...

The purpose of this report is to shed some light on the progress for the sector’s financial leverage which is currently considered to be one of the most important factors in light of the large amounts of accumulated debt along with the shortage of liquidity for the financial sector.

Real economic performance is sluggish on the overall this year but the economy is not contracting in real terms. According to the new IMF forecasts for 2012, real GDP growth would stand at 2% this year.

A net slowdown in economic activity over the first half-year: Amid growing domestic political bickering and adverse regional spillover effects, the IMF revised down Lebanon’s real GDP growth forecast for 2011 to 2.5%, against 7.5% in 2010.

The Lebanese real estate sector has been slowing down over the past few months, following a period of strong activity in recent years that paved the way for an upward price trend from low bases in the middle of the past decade.

﻿The real estate sector in Lebanon, an open and liberal market, has persistently shown resilience to adverse political and security conditions on the local scene as well as adverse external factors at the regional and global levels.

﻿The year 2008 was a very good year for the Lebanese economy at large. Real GDP growth is estimated to have reported above 7% as suggested by BDL and the IMF, one of its best performances in one and a half decade.